Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] (pictured) has said Iraq plans to increase its crude oil production capacity from 5 million bpd at present to 7 million bpd by 2022. According to a report from Reuters, he added that Iraq needs $4 billion for new investments in its downstream oil industry, […]
On Tuesday, the Export-Import Bank of the United States (EXIM) entered into a memorandum of understanding (MOU) with Iraq’s Ministry of Finance aimed at rebuilding Iraq and enhancing trade and economic cooperation between the two countries. EXIM’s Acting Vice Chairman Scott Schloegel signed the MOU today with Iraq’s Deputy Finance Minister Dr. Maher Hammad Johan […]
The World Bank Group and the Government of Iraq signed two projects today totaling US$510 million to help the Iraqi people by improving living conditions, enhancing water supplies, and creating jobs. The two projects along with the ongoing US$750 million Emergency Operation for Development program and other planned commitments, will increase the World Bank’s total […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is hoping for more concrete pledges from international donors on the second day of a conference on rebuilding cities and infrastructure shattered by the conflict with ISIL (the Islamic State of Iraq […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq is hoping to raise billions of dollars at a donor conference starting on Monday in Kuwait - to finance the reconstruction after its campaign against ISIL (the Islamic State of Iraq and […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th Feb 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD926 (+5.7%) / $966 (+5.9%) (weekly change) (+14.2% and +15.5% YTD change, respectively). The number of week traded […]
By John Lee. Iraq's National Investment Commission (NIC) has included six industrial projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: A. Rehabilitation and development of white cement plants in Falluja. Area: 642000m² Production capacity: […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The reconstruction of Iraq’s liberated Sunni areas will open new horizons for the country, as 400 companies worldwide are engaged in the Reconstruction Fund for Areas Affected by Terroristic Operations […]
By John Lee. Iraq's National Investment Commission (NIC) has issued a new Investment Policy Statement. The full document can be downloaded here: Page 1 Page 2 Page 3 (Source: NIC)
By John Lee. Iraq's National Investment Commission (NIC) has included three major new housing programs in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: A. First phase / building 25,000 housing units in each province for […]
By John Lee. Prime Minister Haider Al-Abadi received a phone call from British Foreign Minister Boris Johnson on Tuesday evening, during which they discussed strengthening collaboration between their two countries, and Iraq's Rebuilding Conference which is to be held soon in Kuwait. According to a statement from the Prime Minister's office, Mr. Johnson confirmed the […]
By John Lee. Iraq's National Investment Commission (NIC) has included four Special Economic Zones in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: Huteen zone/ Babylon Province for medium & heavy engineering manufacturing. Huteen is located […]
